New Issue: Bank of America prices $5.13 million capped leveraged notes on ML eXtra WTI 4-Series

By Jennifer Chiou

New York, Sept. 21 - Bank of America Corp. priced $5.13 million of 0% Capped Leveraged Index Return Notes due Oct. 2, 2012 linked to the Merrill Lynch Commodity index eXtra WTI 4-Series Index-Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any index gain, subject to a cap of 40.84%. Investors will receive par if the index falls by 5% or less and will lose 1% for every 1% that it declines beyond 5%.

Merrill Lynch, Pierce, Fenner & Smith Inc. is the underwriter.

Issuer:	Bank of America Corp.
Issue:	Capped Leveraged Index Return Notes
Underlying index:	Merrill Lynch Commodity index eXtra WTI 4-Series Index-Excess Return
Amount:	$5,125,000
Maturity:	Oct. 2, 2012
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, capped at 40.84%; exposure to losses beyond 5%
Initial level:	349.7538
Threshold level:	332.2661, 95% of initial level
Pricing date:	Sept. 17
Settlement date:	Sept. 24
Underwriter:	Merrill Lynch, Pierce, Fenner & Smith Inc.
Fees:	2%
Cusip:	06052K778

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